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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

British Pound/Mauritius Rupee (FOREX:GBPMUR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_GBPMUR
Open High Low GBPMUR Price Change
45.0735 45.2000 45.0735 45.2000 +0.1265
Entry Signal

MarketClub’s Trade Triangles for GBPMUR

long term up The long term trend has been UP since Mar 5th, 2019 at 45.6185

intermediate term down The intermediate term trend has been DOWN since May 16th, 2019 at 45.0195

short term down The short term trend has been DOWN since May 21st, 2019 at 44.7640

Smart Scan Analysis for GBPMUR

Based on a pre-defined weighted trend formula for chart analysis, GBPMUR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for GBPMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
45.0735 45.2000 45.0735 45.2000 +0.1265
Prev. Close Volume Bid Ask Time
45.0735 43.6110 46.7890 2019-05-25 09:13:18
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